Notice to Public on Commission’s Response to DOMLEC for WACC
Notice for Public Information on the Commission’s Response to DOMLEC’s Application for Reconsideration of the IRC’s Decision Document Weighted Average Cost of Capital for Dominica Electricity Services Limited (DOMLEC) – Document Reference 2015/001/D Take notice that the Commission has responded to DOMLEC on its Petition for Reconsideration of the Decision of the Independent Regulatory Commission on Weighted Average Cost of Capital (Document Reference 2015/001/D), which was issued on April 23rd, 2015. THE RESPONSES ARE AS FOLLOWS: Decision 1: DOMLEC’s capital structure shall be 40% debt and 60% equity for the tariff period 2015 – 2017. DOMLEC requested 33.1% debt and 66.9% …
List of IRC Registered License Generators – 2015 Update
The Independent Regulatory Commission (IRC) is responsible for registering all generators in Dominica. This is due to add to current statistics in Electricity capacity and usage as well as to help in monitoring and improving safety in the sector. If you own a generator for work, or at home, running 24 hours or just as backup, you may be required to have a generating licence from the IRC. Visit us at 42 Cork Street or call us at 440-6634/ 440 7247. Here is a list of those registered with the IRC: …
Notice for Public Comments on DOMLEC’s Reconsideration of WACC
Notice for Public Comments on DOMLEC’s Petition for Reconsideration on the IRC’s Decision Document Weighted Average Cost of Capital for Dominica Electricity Services Limited (DOMLEC) – Document Reference 2015/001/D. Take notice that DOMLEC has filed a Petition for Reconsideration of the Decision of the Independent Regulatory Commission on Weighted Average Cost of Capital (Document Reference 2015/001/D), which was issued on April 23rd, 2015. The Public is requested to submit comments on this Petition within Ten (10) days of publication of this Notice. Description of DOMLEC’s Request: IRC Decision 1: DOMLEC’s capital structure shall be 40% debt and 60% equity for …
IRC Issues Licenses to DOMLEC
The Independent Regulatory Commission created history on October 7, 2013 when two new licences were presented to DOMLEC. It has been decades since DOMLEC was first issued licences to operate in Dominica. DOMLEC was issued a Generation Licence. This license gives DOMLEC the non exclusive right and privilege within Dominica to generate electricity. The second license is a Transmission, Distribution and Supply License which gives DOMLEC the exclusive right and privilege to transmit distribute and supply electricity in Dominica. Both licences are for 25 years and will begin on January 1st 2014. Generation Licence In deciding on this period, the …
Public Consultations on Domlec’s Licence Negotiations
The Independent Regulatory Commission (IRC) invites interested stakeholders to participate in its public consultations on Domlec’s negotiations at the following venues and times: Monday 28th January 2013, 9am-4pm – (Roseau) Fort Young Hotel Tuesday 29th January 2013, 5pm-9pm – (Portsmouth) Central Cooperative Credit Union Hall Tuesday 19 th February 2013, 5pm-9pm – (Marigot) Wills Strathmore Stevens School Tuesday 26 th February 2013, 5pm-9pm – (Grand Bay) Old Fort These consultations seek to identify issues that may need to be considered prior to completing the licence negotiation process with DOMLEC. Come and discuss your concerns at it relates to the issuance …
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